Post
Topic
Board Gambling
Re: FreeBitco.in - Win free Bitcoins every hour!
by
virasog
on 25/04/2017, 15:22:30 UTC
Freebitco.in dice system is provably fair and they have high house edge of 5%. So it's very difficult to win much from their multiply game. It depends on your luck.

And we give back about 1% of that 5% house edge in the form of bonuses too!

No one is interested in those bonuses instead you reduce your house edge and make the game more fair for people to consider playing. 5% is very high and you guys simply making a lot of money from these poor gamblers. Any good reason why such a high house edge is maintaining even after many people complain?
I agree 5% for the houseedge is very high and isnt fair for the gamblers , Better to reduce the bonuses and try to put a low houseedge. It is more efficient than having a lot of bonuses in the lottery. The gamblers must be happy with that.
I never think if that's not fair for gamblers. When they want to gamble their money on freebitcoin, they must know first the risk when they are playing on high house edge. Freebitcoin is known as faucet site, not a gambling site, why should they lower their house edge? Their main income also isn't from gambling too.

FreeBitco.in is notonly a faucet site but also have couple of gambling sites features. There is a lottery game and a Bet game and is a main source of income for this site. From faucet, the site do not get income, rather they pay people and get traffic as most people come to thier sites just to play faucet.

In addition to the faucets and betting, the freebitco has also included a new feature which is they pay interest on the balance you keep on their sites. They offer 4% yearly interest which is not much but they will pay the interest and will never scam like high interest paying sites.
This feature also helps them as people after wining from betting or earn from faucet will like to keep the bitcoin in their sites and do not withdraw weekly as before.